Apollo Commercial Real Estate Finance Inc reports results for the quarter ended in June - Earnings Summary

Apollo Commercial Real Estate Finance

26/07/2022 23:15

* Apollo Commercial Real Estate Finance Inc  ARI.N  reported
quarterly adjusted earnings of 35 cents​​ per share for the
quarter ended in June. The mean expectation of five analysts for
the quarter was for earnings of 32 cents per share.
    * Revenue rose 0.2% to $76.02 million from a year ago;
analysts
expected $65.80 million. 
    * Apollo Commercial Real Estate Finance Inc's reported EPS
for the
quarter was 44 cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Apollo Commercial Real Estate Finance Inc shares had risen
by 10.7% this quarter and lost 12.2% so far this year.
    * The company reported quarterly net income of $67.83
million.
    * Wall Street's median 12-month price target for Apollo
Commercial
Real Estate Finance Inc is $13.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 26
at 10:15 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.32           0.35           Beat
 Mar. 31 2022      0.33           0.35           Beat
 Dec. 31 2021      0.32           0.32           Met
 Sep. 30 2021      0.36           0.35           Missed